Low Income Apartments and Affordable Housing For Rent in Mount Airy, NC

Discover affordable housing in Mount Airy where there are 17+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Garden Terrace Apartments

100 Garden Ter, Mount Airy, North Carolina 27030

River Hill

1248 Newsome St, Mount Airy, North Carolina 27030

Pine Terrace Apartments

407 Pine Terrace Dr, Mount Airy, North Carolina 27030

Willow Hill

830 Willow Hill Circle , Mount Airy, North Carolina 27030

Mountain Place

500 Mountain Place Ln, Mount Airy, North Carolina 27030

South Village Apartments

1348 Carolina Ct, Mount Airy, North Carolina 27030

Village Green Apartments

830 Willow St, Mount Airy, North Carolina 27030

Camden Apartments

541 Merritt St, Mount Airy, North Carolina 27030

Maple Court Apartments

338 Pippen St, Mount Airy, North Carolina 27030

Whistler's Cove

129 Whistlers Cove , Mount Airy, North Carolina 27030

Globe Tobacco Lofts

838 S Main St, Mount Airy, North Carolina 27030

Cac of Surry Co.

213 Broad St, Mount Airy, North Carolina 27030

Arc Hds Surry County Group Home 1

910 Spring St, Mount Airy, North Carolina 27030

Arc Hds Surry County Group Home 5 ( Icf Mr )

1305 Park Dr, Mount Airy, North Carolina 27030

Arc Hds Surry County Group Home 4

134 Sydnor St, Mount Airy, North Carolina 27030

Arc Hds Surry County Group Home 3

145 N Gilmer St, Mount Airy, North Carolina 27030

Meadowview II Marshall Park Graniteview

413 Patton Way, Mount Airy, North Carolina 27030

calendar_today Opened: Oct 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mount Airy, North Carolina
$16.21/hour
$8.96 (+124%) more than North Carolina minimum wage and $8.96 (+124%) more than the Federal minimum wage.
Learn More About Mount Airy, North Carolina Affordable Housing ↓

What HUD offices serve Mount Airy, North Carolina?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Mount Airy, North Carolina.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Mount Airy, North Carolina.

Go to the North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Mount Airy.

How many renters live in Mount Airy, North Carolina?

The City of Mount Airy has 10,621 people living in 4,899 households.

There are 4,450 renters living in 2,312 renter households in this City. Renters make up 41.9 percent of the population living in Mount Airy.

What is the rental market like in Mount Airy, North Carolina?

There are an estimated 5,582 housing units in the Mount Airy area. Of these, 2,555 units are rental homes, making up 46 percent of the housing market. For every renter household in Mount Airy, North Carolina, there are 1 rental units.

What is the vacancy rate for rentals in Mount Airy?

The rental vacancy rate in Mount Airy is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Mount Airy for each bedroom size?

Occupied Rental Units by Size in Mount Airy
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
142 676 1,074 398 22
Occupied Rental Units by Size in Mount Airy

A large number of apartments in Mount Airy have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Mount Airy are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Mount Airy

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $672 to $1,368. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $672
One BR $677
Two BR $856
Three BR $1,045
Four BR $1,368
2024 Fair Market Rents in Mount Airy, North Carolina

How many units are rented at Fair Market Rent (FMR) in Mount Airy?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 99 70 percent
One BR 544 80 percent
Two BR 673 63 percent
Rental Units Below FMR in Mount Airy, North Carolina

How many affordable rental units are in Mount Airy?

There are a variety of federal affordable housing programs serving households in Mount Airy, North Carolina including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 186
Public Housing 300
Section 8 Project-Based Rental Assistance 105
Section 202 Supportive Housing for the Elderly 22
Section 811 Supportive Housing for Persons with Disabilities 16
USDA Section 515 Rural Rental Housing 170
Tracked Units by Federal Program in Mount Airy, North Carolina

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Mount Airy, North Carolina

Mount Airy features 631 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Mount Airy, North Carolina

There are 103 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Airy.

Housing Choice Vouchers in Mount Airy, North Carolina

On average, Section 8 Housing Choice vouchers pay Mount Airy landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Mount Airy.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Airy, North Carolina for a two-bedroom apartment is between $770 and $942.

Sourced from federal housing data and AffordableHousingOnline.com research.